Examlex
A model of stock prices that allows for more sources of risk than just the stock market's excess return is the ________ theory.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board for global use.
GAAP
The standard framework of guidelines for financial accounting employed within any specific jurisdiction, known as Generally Accepted Accounting Principles.
Principles-based
A system of accounting that is based on broad principles and guidelines, allowing for professional judgment and flexibility in financial reporting.
Rules-based
A regulatory approach that relies on detailed and specific standards for compliance, often contrasted with principles-based systems.
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